Hutchison Whampoa (00013) said in its annual results announcement that 3 Group Europe reported EBITDA and EBIT of HK$15,598 million and HK$6,892 million for the year 2014, an increase of 23% and 42% year-on-year.
3 Group Europe reported total revenue of HK$65,623 million, a 6% increase over last year. Its active customer base in Europe rose 13% during the year and totals over 25 million customers.
The growth in EBITDA and EBIT reflected the improved net customer service margin, well-disciplined operating cost structures and continued realisation of post-merger cost synergies in Austria and Ireland. With the exception of Italy, all operations in 3 Group Europe increased their contributions to the Group's earnings during the year.
26/02/2015 16:45
3 Group Europe year EBITDA up 23% to HK$15.6bn
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